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+15188999500
Red Door Realty NY
190 Ridge Street, Glens Falls, NY 12801
- $2,290,000
- 18
- BD
- 34
- BA
- 20,866
- SqFt
- List Price
- $2,290,000
- Price Change
- ▲ $61,000 1780369836
- MLS#
- 202618545
- Style
- Apartment 4 Plus Unit
- Bedrooms
- 18
- Bathrooms
- 34
- Subdivision
- Select One
Property Description
Income-producing 34-unit multifamily assemblage spanning four buildings on approximately 2.23 acres in the City of Glens Falls. Four well-located properties -- 195 Ridge St., 190 Ridge St., 45 William St., and 8 Lawton Ave. -- combine for a unit mix of 5 two-bedroom, 14 one-bedroom, and 15 studio apartments. Low vacancy and a stable rent roll drive consistent monthly cash flow, with ample on-site parking across all four buildings. Concentrated ownership in a single market makes this a manageable, scalable hold, with room to grow income through rent and operational improvements. Full financials provided to qualified buyers upon request. Schedule a private tour through the listing agent.
Additional Information
- Taxes
- $47,504
- Acres
- 2.23
- Lot Description
- Corner Lot, Landscaped, Level, Road Frontage
- School District
- Glens Falls
- Interior Features
- Built-in Features
- Heating
- Zoned, Baseboard, Hot Water
- Cooling
- Window Unit(s), None
- Exterior Features
- None
- Construction
- Cedar, Stone, Wood Siding, Plaster
- Roof
- Shingle, Asphalt, Slate
- Sewer
- Public Sewer
- Water
- Public
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Listing courtesy of listing agent Nicholas Ketter with Realize Brokers Brokerage, 518-307-7824.
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